EU looking at possible aircraft retaliation | Reuters

The European Union is preparing for possible retaliation over subsidies for Boeing, a European Commission source said on Tuesday, following Washington’s listing of EU products it plans to hit with tariffs in their aircraft subsidies dispute.

The U.S. Trade Representative on Monday proposed a list of EU products ranging from large commercial aircraft and parts to dairy products and wine on which to slap tariffs as retaliation for Airbus subsidies.